Key Takeaways CGAU produced 70,853 oz gold in Q4'25, down 3% as Oksut weakness offset Mount Milligan gains. CDE delivered 112,429 oz gold and 4.6M oz silver, driven by Rochester and Las Chispas in Q4'25. Coeur Mining held $553.6M cash, while Centerra ended with $528.9M and $103M operating cash flow. Centerra Gold Inc. (CGAU) and Coeur Mining, Inc. (CDE)  are both positioned to benefit from a supportive macro environment driven by elevated gold prices and safe-haven demand, yet they present distinctly differ ...

Core Viewpoint - Centerra Gold (CGAU) is highlighted as a strong investment opportunity due to its solid financials, debt-free balance sheet, and growth potential despite challenges from a declining Turkish mine [1]. Company Analysis - Centerra Gold is recognized for its robust financial health and lack of debt, which positions it favorably in the market [1]. - The company is facing near-term challenges primarily due to issues related to its Turkish mine, which may impact its performance [1]. Industry Insights - The analysis reflects a broader interest in the metals and mining sector, indicating a preference for companies within this industry, particularly in the context of value investing [2].

VANCOUVER, British Columbia, March 18, 2026 (GLOBE NEWSWIRE) -- Equity-Insider.com — The gold sector is undergoing a pivotal shift. Institutional capital is completely rethinking how it values recoverable ounces. According to the World Gold Council , a weakening dollar and global uncertainty are driving a strategic rotation toward projects with clear, scalable production pathways and simple metallurgy[1]. With mining development timelines stretching further out, the market is placing a significant valuation ...

Centerra Gold Inc. (NYSE:CGAU) is among the 10 Must-Buy Mining Stocks to Invest In. BofA Raises its Price Target on Centerra Gold Inc. (CGAU) to $14.50 from $12.50 On February 26, 2026, BofA analyst Lawson Winder raised the firm’s price target on Centerra Gold Inc. (NYSE:CGAU) to $14.50 from $12.50 and maintained an Underperform rating on the shares. The analyst said the firm is updating price targets across its North American Metals & Mining coverage following revised 2026 metal price forecasts. On Fe ...

Core Insights - Centerra Gold Inc. (CGAU) has experienced a significant stock price increase of 234.4% over the past year, outperforming the Zacks Mining-Gold industry, which rose by 132.9%, and the S&P 500, which saw a modest increase of 24% [1][26]. Performance Overview - CGAU's stock performance is notably higher than its peers, with Royal Gold Inc. (RGLD) and Galiano Gold Inc. (GAU) increasing by 83.1% and 155.2%, respectively, during the same period [1]. - Technical indicators show CGAU trading above both the 50-day and 200-day simple moving averages, indicating a bullish trend [4]. Operational Performance - In Q4 2025, Centerra Gold reported consolidated gold production of 70,853 ounces, reflecting a modest year-over-year decline of about 3% [7]. - The Mount Milligan Mine was the largest contributor, producing 44,105 ounces of gold and approximately 13 million pounds of copper, an increase from 37,660 ounces of gold and about 12.8 million pounds of copper in the prior-year quarter [8][9]. - The Öksüt Mine produced 26,748 ounces of gold in Q4 2025, down from 35,564 ounces in the prior-year quarter, primarily due to lower gold recovery and timing differences in ore processing [10][11]. Financial Position - Centerra Gold ended 2025 with approximately $928.9 million in liquidity, including a cash balance of about $528.9 million and an undrawn credit facility of $400 million [13]. - The company generated $103 million in cash from operating activities, resulting in free cash flow of $7.1 million [12]. Capital Expenditures - In Q4 2025, Centerra Gold spent about $91 million on capital expenditures, including $34.1 million for sustaining capital at the Mount Milligan Mine and $61.9 million for non-sustaining capital directed towards the Thompson Creek Mine [14][15]. Strategic Initiatives - Centerra Gold is advancing several strategic projects, including development work at the Thompson Creek Mine and optimization efforts at the Mount Milligan Mine to enhance processing efficiency [16][17]. - The company is also conducting exploration programs at the Kemess Project, which represents a potential future development opportunity [19]. Earnings Estimates - The Zacks Consensus Estimate for CGAU's fiscal 2026 earnings is currently pegged at $1.73 per share, suggesting year-over-year growth of 56%, and for 2027 at $1.98 per share, implying 15% growth [21]. - CGAU is trading at a forward 12-month price-to-earnings multiple of 10.66X, below the industry average of 12.9X, indicating a potentially attractive valuation for investors [22][25]. Conclusion - Centerra Gold has demonstrated stable operational performance and is advancing key growth initiatives, positioning itself as an attractive investment opportunity in the gold mining sector [26][27].

Core Viewpoint - Centerra Gold Inc. (CGAU) and Triple Flag Precious Metals (TFPM) are both strong candidates for value investors, but CGAU appears to be the more attractive option based on valuation metrics [1][7]. Valuation Metrics - CGAU has a forward P/E ratio of 10.83, significantly lower than TFPM's forward P/E of 27.61, indicating that CGAU may be undervalued [5]. - The PEG ratio for CGAU is 0.94, suggesting a favorable growth outlook relative to its price, while TFPM's PEG ratio is 2.00, indicating a higher valuation relative to expected growth [5]. - CGAU's P/B ratio stands at 1.82, compared to TFPM's P/B of 3.91, further supporting the notion that CGAU is a better value investment [6]. Earnings Outlook - Both CGAU and TFPM currently hold a Zacks Rank of 1 (Strong Buy), reflecting a positive earnings outlook due to favorable analyst estimate revisions [3].

Core Insights - Centerra Gold Inc. (CGAU) reported a fourth-quarter 2025 revenue of approximately $401.6 million, reflecting a 33% increase from the same quarter last year, primarily due to higher realized prices for gold and copper, which offset a decline in metal sales volumes [1][8] Revenue and Sales Performance - The company sold 68,143 ounces of gold at an average realized price of $3,415 per ounce, compared to 83,876 ounces sold at $2,207 per ounce in the prior-year quarter [2] - Copper sales amounted to 12.5 million pounds at an average realized price of $4.69 per pound, down from 16.4 million pounds sold at $2.88 per pound a year ago [2] Production and Operational Efficiency - Consolidated quarterly output reached 70,853 ounces of gold and about 13 million pounds of copper, with the Mount Milligan and Oksut mines being key contributors [1][8] - The surge in commodity prices supported overall revenue growth despite lower sales volumes, and the company benefited from disciplined cost management and optimization efforts [3] Peer Comparison - IAMGOLD Corporation (IAG) reported fourth-quarter 2025 revenue of $1.09 billion, a 130% increase from $469.9 million in the fourth quarter of 2024, driven by operational improvements and higher mill throughput [4] - Agnico Eagle Mines Limited (AEM) reported revenue of approximately $3.56 billion, up from roughly $2.22 billion in the fourth quarter of 2024, primarily due to a stronger realized gold price environment [5][6] Market Performance - CGAU shares have increased by 220% over the past year, outperforming the industry's rise of 142.4% [7] - The company is currently trading at a forward 12-month price-to-sales ratio of 2.92X, below the industry's average of 3.41X, and holds a Value Score of B [10] Earnings Estimates - The Zacks Consensus Estimate for CGAU's earnings implies year-over-year growth of 56% for 2026 and 15% for 2027, with EPS estimates trending higher over the past 60 days [11][12]

Core Viewpoint - Centerra Gold Inc. has filed a technical report regarding its Kemess Project in British Columbia, Canada, which supports previous disclosures made by the company [1][2]. Group 1: Company Overview - Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring, and acquiring gold and copper properties in North America, Türkiye, and other global markets [3]. - The company operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye [3]. - Centerra also owns the Kemess Project in British Columbia, the Goldfield Project in Nevada, and operates a Molybdenum Business Unit in the United States and Canada [3]. Group 2: Technical Report Details - The technical report was prepared in accordance with National Instrument 43-101, which sets standards for the disclosure of mineral projects [2]. - The report is accessible on Centerra's website and on SEDAR+ [2].

Core Viewpoint - Centerra Gold Inc. is recognized as one of the best gold stocks to buy, supported by strong financial performance and a recent dividend declaration [2][8]. Financial Performance - The company reported a 33% increase in fourth-quarter revenue to $401.6 million, with a full-year revenue increase of 14% to $1.38 billion [4]. - Adjusted net earnings surged by 127% to $83.2 million in the fourth quarter and increased by 50% to $152.9 million for the full year [4]. Production Highlights - Gold production in the fourth quarter reached 70,853 ounces, totaling 275,316 ounces for the full year [3]. - Copper production for the fourth quarter was 13 million pounds, with a full-year total of 50.5 million pounds [3]. Dividend Declaration - The board approved a quarterly dividend of C$0.07 per common share, amounting to approximately $10.2 million, to be paid on March 26, 2026 [2]. Future Guidance - Centerra Gold anticipates gold production in 2026 to be between 250,000 ounces and 280,000 ounces, with copper production expected to range from 50 to 60 million pounds [4]. - The company emphasizes stable operating performance and disciplined cost management to protect and expand margins [5].

Industry Overview - Gold stocks have experienced significant growth, with gold prices surpassing $5,500 per ounce, driven by geopolitical tensions and central bank buying [1] - Gold rallied approximately 65% in 2025, with analysts suggesting further potential gains due to its historical performance during credit tightening periods [2] - Deutsche Bank indicates that the conditions for gold prices do not suggest a sustained reversal, contrasting current circumstances with past weaknesses [3] - Barclays strategists highlight the resilience of gold demand despite high prices, attributing it to geopolitical tensions and policy uncertainties [4] - Factors such as Federal Reserve easing and de-dollarization trends are expected to sustain gold demand into 2026 [5] Company Highlights Gold Fields Limited (NYSE:GFI) - Gold Fields reported strong 2025 results, with production at the upper end of guidance and costs within expected ranges [9] - The company’s adjusted free cash flow increased to $2.97 billion from $605 million in 2024, with normalized profit rising 119% to $2.68 billion [10] - A final dividend of R18.50 per share was declared, representing a 164% increase from the previous year, aligning with the company's policy to return 35% of free cash flow to shareholders [11] - Gold Fields operates nine mines globally, producing approximately 2 million gold-equivalent ounces annually [12] Centerra Gold Inc. (NYSE:CGAU) - Centerra Gold's board approved a quarterly dividend of C$0.07 per share, amounting to about $10.2 million, to be paid in March 2026 [13] - The company reported a 33% increase in fourth-quarter revenue to $401.6 million, with full-year revenue up 14% to $1.38 billion [15] - Adjusted net earnings surged 127% in the fourth quarter and 50% for the full year, with gold production expected to range between 250,000 and 280,000 ounces in 2026 [15][16] - Centerra Gold focuses on stable operating performance and disciplined cost management to enhance margins and generate strong cash flow [16]